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Movers & Shakers: August 18, 2015


Botswana: DCI -0.04%, USD 3.3m

Outside of yet another Choppies cross at 550t (local buyer, foreign seller) the market was extremely quiet.

Kenya: NSE 20 -0.30%, USD 5.1m

Another dull day in Nairobi as the sluggish market could just not get going. The main action was a cross in BATK (local seller, foreign buyer) which accounted for more than 40% of the market activity. That tells a story in itself. In normal trading there was not much to write home about as all the large caps (Safcom, KNCB, EqBnk and EABL) continue to soften.

Mauritius: Semdex -0.20%, USD 2.43m

Some chunky action in SBMH (-1.1%, Rs0.86) was about the only thing to note in a mostly dead session. Hardly anything traded in any other names including MCBG (unch, Rs217.00).

Nigeria: ASI +0.68%, USD 18.1m

Dangcem (+4.97%, N180.00) dragged the ASI out of its recent weakness although the rest of the market continued to plummet. Banks fell by another 1.07% today with most names continuing to struggle. Action was centered in GTB (-1.32%, N22.40) and Zenith (-1.52%, N16.20). The consumers (-78bps) spent the day on the back foot with Nestle (-24bps, N840.00) heavily dominant. There was also a large cross in Wapco (-1.50%, N101.50).

Please note that the index figure above is correct at the time of writing.

Zimbabwe: Industrials -0.91%, USD 1.18m

The ZSE continues to weaken while volumes remain thin. Today there was some muted action in Econet (29c), Innscor (62c) and Seedco ($1.0475c) while Delta continues to soften (89.5c).

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

12.93

-10.58

Nigeria

NGN

199.05

-7.84

Kenya

KES

102.90

-11.95

Mauritius

MUR

35.41

-10.34

Botswana

BWP

10.20

+6.80

Tanzania

TZS

2120.00

-18.25

Uganda

UGX

3550.00

-21.94

Rwanda

RWF

755.00

-8.63

Ghana

GHS

4.12

-22.00

BRVM

XOF

596.84

-9.17

Egypt

EGP

7.83

-8.63

Morocco

MAD

9.79

-7.31

Tunisia

TND

1.96

-5.15

contacts
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